Short term Loans
A&B Jewelry & Loan offers short-term cash loans without credit checks or legal consequences if the loan is not repaid. You can walk in and complete a collateral loan – also known as a pawn loan – within minutes. Our pawn loans are regulated by the state of Illinois (XXXIII chapter 539), and are private. All transactions are efficiently processed on a state-of-the-art computer system.
The loan period is for 30 days, with a 30-day grace period, for a total of 60 days. Our pawn loans can also be extended an unlimited number of times with renewal agreements. The loan fee varies depending on the amount of the loan, but start as low as $40.00.
Illinois state law requires that each loan customer present a valid government identification card and sign a loan agreement.